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Koncar to build wind plant near Split

Croatian Times

Engineering company Koncar-Electrical Industries is planning to build a wind-energy plant worth more than 200 million kunas or 27 million Euros near the city of Split.

Koncar chief Darinko Bago said the company was planning to invest 80 million kunas (11 million Euros) in cash and to cover the remaining cost with loans.

Website Business.hr has reported the firm will have 15 aggregates of one MW and one aggregate of two MW.

Bago said the plant would give Koncar one more reference for doing business abroad.

The investment plan will be presented to the company’s supervisory board on 29 March and Bago expects that the work will begin shortly thereafter.



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